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Conference tnpubs::xwell

Title:Honeywell (Bull) Alumni
Moderator:TNPUBS::JONG
Created:Tue Mar 31 1987
Last Modified:Thu Apr 27 1995
Last Successful Update:Fri Jun 06 1997
Number of topics:57
Total number of notes:213

30.0. "Credit Union in Trouble" by CSG002::MCOHEN () Thu Sep 28 1989 14:29

    It seems that the Honeywell Bull Credit Union is in serious financial
    trouble.  My wife has an outstanding loan with HISCU and recieved
    a letter in the mail yesterday saying that the Credit Union was
    in trouble and the State had forced them to be managed by some other
    credit union.
    
    Mark
    
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30.1HBCU dies December 15ULTRA::KINDELBill Kindel @ BXB1Thu Sep 28 1989 16:3215
    Re .0:                                                            
    
    I've received five letters in two days on this topic.  The first three
    (one to myself/wife, one to wife/myself, and one to our sons' trust)
    were from the Massachusetts Credit Union Insurance Corporation,
    announcing that they had taken over the HBCU and were assigning its
    assets to the Metropolitan Credit Union.  The HBCU's office will remain
    open until December 15, at which time it will cease to exist.
    
    The last two were from Metropolitan Credit Union, welcoming us to the
    family and including forms that we're supposed to fill out to instruct
    them how to roll over our IRA accounts.  The major features of MetCU
    include multiple (4 or 5) suburban offices and a fairly ambitious
    bank-by-phone (roughly comparable to DCU's Easy-Touch) system.  I'm
    sure we'll be getting LOTS more mail from them in the near future.